Wednesday, May 30, 2018
5/30_OGEN, SGLB, UONE, SUMR, NSPR
tough day... had good start and up 5-figure real quick but didn't take them one and trying to exercise patience which is typical what I would do.
OGEN-unreal volume out of gate which caught me off guard then $2 push and stayed above it caught me off guard once again. no ez one so I chose to avoid it late day.
SGLB-didn't take "price psychology" into consideration meaning that when a stock had big volume push to $2.50 then boom slammed under $2 but didn't stay so convincably which is a danger sign but I didn't take that into my mind. Mistake #2 I could market cover everything in low $2.20s but hesitated and forced to cover at $2.40s and I had size that was painful one. Rest of trades I did fairly well. It unraveled further than I thought due to I saw lots of absorption so got scared and ditched all.
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